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Millions face 'financial precipice'

Millions face 'financial precipice'
Millions of households on low to middle incomes face a financial "precipice" due to high personal debts, flatlining wages and future interest rate rises, a new report has warned. A study by the Resolution Foundation says families will be pushed close to the edge if they cannot reduce their debts before the cost of borrowing returns to more normal levels.

Green Box: Millions face 'financial precipice'Click to open

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